Courses 2014 - 2015

LAW A 583 Insurance Law

Credits: 4

Legal principles and business practices dealing with formal mechanisms for the distribution of risks of loss. Primary consideration is given to property, casualty, and life insurance. Subjects covered include the marketing of insurance, the indemnity principle and insurable interest, the amount of recovery and subrogation, persons and interests protected, the identification of the risks transferred, rights at variance with policy provisions, and the administration of claims processes.